Chinese electronics firm LeEco won’t be able to close its Vizio purchase this year – Recode (Dec 24, 2016)

LeEco is a fascinating company – it’s certainly the most aggressive major Chinese tech vendor in its expansion in the US, but a major component of that expansion and building credibility in the US is the Vizio TV brand it is acquiring. It looks like that deal won’t close until early in the New Year, which will continue to hamper LeEco. But it’s far from the company’s biggest challenge – its financials continue to be a major question mark too.

via Chinese electronics firm LeEco won’t be able to close its Vizio purchase this year – Recode


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